Waystar Holding Corp. (NASDAQ:WAY) saw Mizuho Securities raise its target to $50 and maintain an Outperform rating after strong Q3 performance driven by AI-driven claims denial tools. Revenue increased 12% to $268.7M, with adjusted EBITDA at $112.7M and net income at $30.6M. Full-year targets were raised to revenue of $1.085–$1.093B and adjusted EBITDA of $451–$455M. The company provides healthcare payments and revenue cycle technology for various care organizations. However, other AI stocks may offer greater upside potential and less downside risk.

Read more at Yahoo Finance: Mizuho Raised Waystar Target to $50, Reaffirmed Outperform After Q3 Strength